"startups located within 20 meters of ... peer startups were more likely to receive more than $1 million in seed and other funding compared with startups that were not located in a balanced environment." Interesting research published from MIT Sloan School of Management has shown the important link between knowledge spillover and physical proximity. At CERI - Centre for Entrepreneurial Research and Innovation, our 7 resident startup offices are all within a 20m radius of one another, maximising the potential for startup "collisions". If you would like to learn more about the CERI Residency Program and the other services that we offer, please join our upcoming "Intro to CERI" webinar by clicking on the link in the comments below. #startup #innovation https://lnkd.in/gKeCEAZE
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In a published research by MIT Sloan School of Management, they found that startups working in a coworking space within 20 meters of each other had a 2.5% increase in probability of adopting the same technology used by another startup working close by. This is due to knowledge spillover, which is the transmission of ideas among different teams or groups of people. Interestingly, more knowledge spillover occurs when the startups had two different product markets compared to startups with similar product markets! Read the full article here https://lnkd.in/gKeCEAZE #SmithBusiness #SmithCEISI #Startups #Entrepreneurship #Queensuniversity
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Fascinating and very insightful study by Harvard Business School Professor Maria Roche et. al. showing the underappreciated value of physical interactions with colleagues within a precisely defined boundary of proximity. #remotework #hybridwork #innovation #teamwork #startups #entrepreneurship https://lnkd.in/ehaQu6y6
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The announcement of the Sydney Startup Hub's relocation to Tech Central in late 2025 marks a significant shift in fostering innovation and collaboration in NSW. While we have a head office in Canberra, Hide and Seek Digital has been steadily growing our presence in Sydney, with part of our team already on the ground and new opportunities on the horizon. The move to Tech Central opens up fresh opportunities for startups and scale-ups to tap into Sydney’s thriving tech ecosystem. As a digital consultancy that thrives on creativity and collaboration, we’re excited to see how this transition could drive more partnerships, innovative projects, and the growth of the broader tech community. We’re always keen to connect with Sydney-based organisations looking for partners to build and design digital solutions that make a real difference. Let’s make the most of this next chapter for Sydney’s startup ecosystem. What do you think about the move? Let’s discuss in the comments. 👇 https://lnkd.in/g7rSbdEP
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When it comes to sharing ideas, how much does close proximity matter? Short answer - Magic happens within 20 meters ! #Startups within 20 meters of each other influence each other the most in the choice and implementation of web technologies. According to a study, working within that short distance increases a company’s probability of adopting a neighbor’s technology by 3 percentage points. Beyond 20 meters, the influence of proximity declines quickly. The study found that doubling the distance between two firms reduced the probability of technology adoption by 1.7 percent. Startups over 20 meters apart “behave as if they are on different floors altogether,” Harvard Business School #Collaboration #Innovation
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The Role of Real Estate in India's Startup Ecosystem. In recent years, India has emerged as one of the world's leading startup hubs, with a vibrant ecosystem of entrepreneurs, investors, and innovators driving growth and innovation across various industries. While technology and talent are often cited as key drivers of this ecosystem, one often overlooked factor is the role of real estate. From coworking spaces and incubators to innovation districts and tech parks, the built environment plays a crucial role in shaping the success and trajectory of India's startup ecosystem. Let's explore how real estate is fueling the growth of startups in India and why it's essential for fostering innovation and entrepreneurship in the country. #contlrealty #realestate #realestatelife.
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Exciting news for #entrepreneurs! #Karnataka is set to develop SWIFT City, a sprawling 1,000-acre hub designed specifically for startups in Sarjapura. This innovative project will include state-of-the-art facilities and flexible workspaces tailored for small and medium-sized businesses. Did you know that this initiative is part of a broader vision to transform Karnataka into a 'Silicon State'? What features do you think are essential for a successful startup hub? Share your thoughts below! #SWIFTCity #KarnatakaStartups #BengaluruInnovation #SiliconState #StartupEcosystem
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A former tire warehouse on Glasgow Street is now the biggest privately-owned co-working space in Canada--Catalyst Commons. It has more than 150 startups and tech companies, and is thriving while many other commercial landlords are dealing with empty and under-used offices. #CatalystCommons #Startups #technology #innovation #Miovision #KurtisMcBride #AmberFrench #AngelaWatkins #OntarioVehicleInnovationNetwork #incubators #accelerators https://lnkd.in/ggsx2ZD2
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Hey Bay Area connections & followers, Welcome to GoUSA Silicon Valley | #Austrian #Startup Demo Night 2024! Register here (free): https://lnkd.in/gxFXtcDh Join us on November 7th at 6 PM at the lively Southside Spirit House (575 Howard Street, 94105 San Francisco). Get ready for an evening of high-energy pitches delivered hashtag #SiliconValley style, where 8 cutting-edge startups from diverse sectors will take the stage for just 3 minutes each to introduce their groundbreaking ventures. Don't miss this chance to witness innovation, network with like-minded individuals, and enjoy an evening of inspiration. Meet our 2024 startup cohort: BeVi AI: AI-powered real-time image optimisation for e-commerce product photos to increase conversions and boost sales. BIMEXPERTS: Specializes in Building Information Modeling (BIM) services, offering expertise in digital construction processes to optimize workflows, improve collaboration and reduce cost. Carbony: Focuses on developing carbon removal projects, utilizing methods like enhanced rock weathering to permanently capture CO2 to help companies achieve NET ZERO emissions. epitome GmbH: Disrupting oral health with a device that removes up to 99% of plaque and biofilm in 30 seconds, while also collecting oral health data for overall wellness improvement. paiper.one: Offering a compliance-as-a-service plattform focused on AI compliance, helping businesses align with regulations such as the EU AI Act, GDPR, and other directives. sendance GmbH: Integrates advanced sensor technology into wearables, particularly in healthcare, orthotics, and prosthetics to improve product functionality using data. Shadowmap: Provides real-time 3D sunlight visualization for any location on earth, allowing users to explore sunlight exposure for specific dates and times. XBuild: A cutting-edge SaaS platform that streamlines construction management, enabling smarter, data-driven decisions for more efficient and sustainable projects. About the GoUSA Silicon Valley program: 8 incredible Austrian startups have embarked on a journey to be challenged, accelerated and pushed beyond their limits in our two-week GoUSA Silicon Valley (formerly GoSiliconValley) Startup Landing Zone program here in San Francisco, which kicked off on October 28. More than 200 Austrian startups have gone through the GoSiliconValley program in the past 15 years and have brought back a piece of the Silicon Valley mindset. Michael Dobersberger Natasha Chatlein Kal Deutsch #sviyp Silicon Valley in Your Pocket #globalkinetics Paul Kallmes
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Furman Innovation Lab opens in Crescent Startup Community Furman’s student entrepreneurs can build their businesses in the newly opened Innovation Lab built to bring together startups and established companies alike. Located in the new Crescent One co-working space at 25 Goldsmith Street in Greenville, the Furman Innovation Lab emerged from years of collaboration between The Hill Institute for Innovation and Entrepreneurship, Flywheel Coworking and Hartness Development, among other partners. Crescent One is on the campus of Crescent SC, an innovation district developed by Furman Trustee Emeritus Sean Hartness, CEO of Hartness Development. “What we will be developing here is a community of 250 to 500 members that love being part of a shared environment,” said Peter Marsh, Flywheel CEO. “We’re bringing together ingredients that are needed for entrepreneurship to thrive.” With space for individuals to work, offices and suites available to host whole companies, Flywheel and Hartness transformed what was once the Hartness family’s Pepsi bottling plant into works spaces for individuals, offices, suites and conference areas. The site, about 6.5 miles from Furman’s campus along Poinsett Highway, sat vacant for years. Now, the industrial site is a sleek, but welcoming co-working space. At its heart, in one of the suites, is the Furman Innovation Lab. “This is a launchpad for opportunities around innovation and entrepreneurship,” said Bryan Davis, executive director of The Hill Institute. Furman’s Center for Innovative Leadership, headed by Garrett Stern, serves mature companies and industries, while The Hill Institute focuses on startup companies. The Innovation Lab will cover the entire business community, from students to seasoned business professionals, Stern said. It serves as an incubator for student entrepreneurs, giving them space to try new concepts and take risks while also providing access to a broader business community within the coworking space to network and connect with. The goal is that even after graduation or attaining a graduate degree, alumni have a place to keep their businesses connected to the community and resources that helped them succeed. “What are we doing to retain them after they push their ventures forward?” Davis asked. “We’re creating a pathway here for students to train and grow into their own.” The workspace is also hosting other Furman programs and services. The Master of Science in Innovation and Leadership program holds its “Fridays in the Field” initiatives there, and the goal is to host leadership training and other programs that are open to the public, Stern said. In this way, Crescent SC and the Innovation Lab serve as an asset not only to students, but the broader business community. #Startup #Investment #Economy #Business #Financial #Investor #Economic #Investing #Founding #Invest #Fund #US #USA #UK #Europe #America #Asia #Bangladesh #World #News #WorldNews #BDNews
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